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The growing need for organizations to gain artificial intelligence from
their processes and use of robotic process automation (RPA) drove third
quarter 2018 corporate highlights for ABBYY®, a global provider of
content intelligence solutions and services. During the quarter, ABBYY
made major product enhancements, formed strategic partnerships with RPA
vendors, and appointed key executives in the US and Europe to drive
market penetration. Major analyst firms included ABBYY in market reports
while ABBYY also developed resources to educate the market on the
importance of content intelligence, its complement to RPA and relation
to GDPR compliance challenges, and company success stories. This digest
contains a few highlights of Q3 2018.

Blue Prism and ABBYY Partner to Integrate Intelligent Optical
Character Recognition (OCR) Capabilities with Enterprise-Grade Robotic
Process Automation (RPA)Blue Prism and ABBYY announced a
strategic partnership to integrate ABBYY FlexiCapture with Blue Prism's
Digital Workforce automating the process of turning unstructured content
into structured, actionable data for enterprise users. ABBYY and Blue
Prism have been visionary leaders when it comes to intelligent capture
and RPA technologies, and together will deliver complementary solutions
with the goal of helping organizations become more innovative and
efficient with their business processes. Learn
more>>>>

Customer News

ABBYY closed significant new enterprise customer wins with Fortune 500
companies during the quarter. They represent a growing awareness of
ABBYY's natural language processing and machine learning technologies to
automate structured and unstructured data into business processes and be
the driver for content intelligence.

Notable new customers include a global manufacturer of desktops,
laptops, thin clients, workstations and rugged devices; a manufacturer
of electric cars; and a manufacturer of space technology.

Executive News

ABBYY Appoints Torsten Malchow as Vice President, Head of Global
Enterprise SalesMalchow will be driving the development
and execution of sales strategies that expand ABBYY's presence in
targeted industries and regions. His leadership will be a significant
contributor to ABBYY's continued double-digit revenue growth. Learn
more>>>

Christian Marquardt is the New Director of Partnerships in EuropeMarquardt
will continue to drive partner business growth in Europe as Director of
Partnerships & Alliances DACH, Benelux, France, and UK. He has extensive
experience acquiring new RPA partners and systems integrators. Learn
more>>>

Industry Events

FlexiCapture Has Its Day at PegaWorld 2018, June 3-6The
PegaWorld 2018 Conference in Las Vegas was one of the largest
intelligent automation events of the summer. ABBYY has been working
closely with Pega to help global clients across industries accelerate
innovation and achieve digital transformation goals. Learn
more>>>>

Making Robots Smarter with Content Intelligence at Intelligent
Automation Week, July 30 - Aug. 2ABBYY participated in the
Intelligent Automation Week in Chicago where our RPA experts moderated a
roundtable discussing content intelligence and RPA. It was clear that
organizations in the midst of RPA operation want to involve unstructured
content. Read about the roundtable and five key takeaways from the
conference. Learn
more>>>>

Information Show 2018 in Brazil Signals Increased Interest in
Intelligent IT Solutions, Aug. 21-22Brazil is ranked at
the 9th largest technology market making São Paulo the ideal
location to host this year's Information Show 2018. The country's GDP is
expected to grow 5.8% according to IDC (News - Alert) Brazil, an indication that
companies who abandoned IT projects in the wake of its 2016 economic
crisis are ready to invest in new technology. Catherine Egorova, Brand
Manager for ABBYY Emerging Markets, shares her experience at Information
Show 2018 and how FlexiCapture is poised to help Brazilian companies
find calm in the information chaos. Learn
more>>>>

Generational Divide as Millennials Look to Avoid Human InteractionThis
quarter, ABBYY released the findings of the new research study
commissioned in the UK. 1,200 employees in the UK found that 17% of
18-34 year-olds hate speaking to customers, yet only 4% of over 55s felt
the same. Additionally, 1 in 10 (10%) of 18-34 year-olds would delegate
speaking to customers to robots, again compared to only 4% of over 55s.
See what else employees want to delegate to robots. Learn
more>>>>

Cognilytica,
ABBYY QuickTakeCognilytica evaluates ABBYY's
solutions, customer examples, industries served, and how it is
positioned among competitors and differentiators. The analyst firm
states ABBYY is a dominant and sustainable player in the market for its
capabilities helping organizations automate very unstructured documents
to obtain business value through content intelligence.

A Summer to RememberThis summer, the world tuned in
to watch the World Cup. For the UK, the entire country was rejuvenated
in seeing how its team played with freedom and intelligence. Paul
Goodenough, Head of Enterprise Sales of ABBYY UK, likened it to how
organizations are responding to digital transformation and traditional
ways of doing business are now a thing of the past. Read
his article on ABBYY Blog>>>>

AI Gone Wild: Why Evil Data is Scarier than Evil AlgorithmsAs
artificial intelligence is applied to new sectors of the economy, more
people are concerned that AI constitutes a real danger: no only to their
jobs, but mankind as a whole. This article takes a closer look at
unlocking the origin of fear and examines good vs. "evil" datasets. Learn
more>>>>

Upcoming Events

ABBYY Hosts Annual Technology Summit to Demonstrate Benefits of
Content IntelligenceLas Vegas, Oct. 10-12ABBYY's
6th annual ABBYY Technology Summit is taking place Oct. 10-12
at The Cosmopolitan of Las Vegas. More than 500 global customers and
partners are expected to attend the summit to take a deep dive into the
impact RPA is having on intelligent capture and the market need for
Content Intelligence. Keynote speakers include Toby Bell, industry
expert, and Sarah Burnett, Executive Vice President and Distinguished
Analyst, at Everest Group. Learn
more>>>>

Shared Services & Outsourcing Week 2018Berlin
- Germany, Nov. 12-15Meet ABBYY at this high-class
conference and show for the shared services and outsourcing network.
Industry experts from the German-speaking region will discuss trends for
Shared Services Centers and BPOs. One of the focus areas is how new
automation technology can help achieve further cost optimization and
higher productivity. Learn
more>>>>

The AI Summit New York Dec, 5-6ABBYY ends the year
at The AI Summit New York, the world's first and largest conference and
exhibition to look at the practical implications of AI for enterprise
organizations, and the actual solutions that are transforming business
productivity. Anthony Macciola, Chief Innovation Officer, is presenting
alongside IBM, Microsoft, Google (News - Alert), Oracle and UiPath to share how ABBYY's
solutions are delivering AI capabilities to organizations. Learn
more>>>>

To stay on top of the latest content intelligent products, solutions,
and resources from ABBYY, subscribe to receive the ABBYY Corporate News
Digest by emailing gina@raypr.com.

About ABBYY

ABBYY is a global leader in content intelligence solutions and services.
ABBYY offers a complete range of AI-based technologies and solutions
transforming business documents and content into business value. By
providing digital transformation solutions to financial services,
insurance, transportation, healthcare and other industries, the company
helps organizations achieve the next wave of growth by understanding
customers and delivering responsive real-time intelligent systems. The
flexibility of ABBYY AI solutions enables customers to utilize a diverse
range of advanced technologies, platforms and solutions for
classification, text analytics, data and entity extraction, and data
validation via any communication channel and in any format. ABBYY
technologies are used and licensed by some of the largest international
enterprises and government organizations, as well as SMBs and
individuals. The company maintains offices in Australia, Cyprus, France,
Germany, Japan, Russia, Spain, Taiwan, the UK, Ukraine, and the United
States. For more information, please visit www.abbyy.com/company.

ABBYY and the ABBYY Logo are either registered trademarks or
trademarks of ABBYY Software Ltd. Other product names mentioned herein
may be trademarks and/or registered trademarks of their respective
owners and are hereby recognized.